Insurance UK

  • October 20, 2025

    MPs To Probe Pension Erosion Amid Inflation Concerns

    Former employees of multinationals such as Hewlett Packard and American Express will tell MPs this week about how their pension income has been eroded by a failure to keep pace with the cost of living. 

  • October 20, 2025

    FCA Flags Money Laundering Risks At Corporate Finance Cos.

    One in 10 corporate finance companies has no documented business-wide risk assessment, the City watchdog said Monday, warning that many organizations might be falling short of money laundering standards.

  • October 17, 2025

    UK Litigation Roundup: Here's What You Missed In London

    This past week in London has seen Johnson & Johnson hit with a £1 billion ($1.34 billion) claim for allegedly selling contaminated baby powder, Carter-Ruck bring a claim against the Solicitors Regulation Authority, and Hewlett Packard file a probate claim against the estate of Mike Lynch.

  • October 17, 2025

    Global Watchdog Calls On Countries To Monitor Crypto Better

    An international securities watchdog called on countries Friday to monitor risks in crypto-assets and share regulatory information better across borders.

  • October 17, 2025

    Civil Service Pension Administrator Denies Union Recognition

    The organization managing a pension fund for civil servants has told MPs that it has never officially recognized a staff union, even as it prepares to hand over the reins to private sector giant Capita.

  • October 17, 2025

    UK Local Gov't Pension Funding Soars Ahead Of Reforms

    The U.K.'s sprawling municipal retirement plan is now worth an estimated £450 billion ($604 billion), a consultancy said Friday, ahead of government plans to consolidate the highly fragmented scheme into several pension mega-funds.

  • October 17, 2025

    FCA's Tokenization Plan May Heighten Financial Crime Risk

    The Financial Conduct Authority's planned tokenization regime to help asset managers trade investment funds as digital assets could expose investors to financial criminals lurking in crypto-markets, with the regulator's "targeted support" rules multiplying the risk, lawyers have warned.

  • October 17, 2025

    Chancellor Launches Service To Support Overseas Investors

    HM Treasury said Friday that it has launched a free "concierge" service in partnership with finance regulators to remove barriers for global firms investing in U.K. financial services.

  • October 17, 2025

    Freshfields-Led Vienna Insurer To Buy German Rival For €1.4B

    Vienna Insurance Group has agreed to acquire all the shares of its German rival Nürnberger Beteiligungs AG for €1.38 billion ($1.61 billion) in a move to strengthen its position in Central Europe.

  • October 16, 2025

    Insurers Settle Bid To Arbitrate $7M La. Hurricane Ida Case

    A group of domestic and foreign insurers including underwriters at Lloyd's of London have asked a Louisiana federal judge to dismiss their lawsuit seeking an order to arbitrate a $7 million Hurricane Ida damage claim, saying they have settled the dispute.

  • October 16, 2025

    CMA Calls For Reforms To UK Veterinary Market

    The U.K.'s competition watchdog has called on the £6.3 billion ($8.5 billion) veterinary services market to provide better information on prices after a spike in insurance claims at major players drove up costs, despite no evidence of better services.

  • October 16, 2025

    Axa Teams With Insurtech For Embedded Insurance Project

    An Axa unit and insurance technology firm Bolttech have launched a long-term partnership to grow their presence in the rapidly growing embedded insurance sector across the U.K. and Europe.

  • October 16, 2025

    Insurers Pay Into $340M UN-Backed Fund For Developing States

    Insurers have contributed to a $340 million fund for infrastructure projects in developing countries, an industry body said Thursday, as part of a United Nations-backed program to close the global protection gap.

  • October 16, 2025

    Marsh Unit Warns Against Mandating Pension Investments

    Pension funds must be primarily focused on getting the best income in retirement for their members rather than propping up the national economy, a unit of insurance giant Marsh McLennan warned.

  • October 16, 2025

    UK Pension Funds Double Investment In Private Economy

    Pension schemes have doubled their investment in private companies to £1.6 billion ($2.15 billion) in one year as part of their commitment to allocate a greater portion of their funds to investing in privately held companies, the Association of British Insurers said Thursday.

  • October 15, 2025

    Reinsurers Deny Liability To Chubb Over Bill For Aircraft Loss

    Reinsurers including AIG and AXA have denied liability for Chubb's $5.7 million bill to aircraft lessors for losses caused by Russia's invasion of Ukraine, saying Chubb's losses were not caused by any failure by the reinsurers to indemnify the lessors.

  • October 15, 2025

    Pension Run-On Could Generate Millions For UK Businesses

    Businesses could see a multimillion-pound boost from allowing their pension schemes to continue generating investment returns rather than rushing into offloading liabilities to an insurer, a consultancy said Wednesday.

  • October 15, 2025

    London Insurers Push For Growth-Friendly Regulation

    Lawmakers and policy officials must regularly review how Britain's regulators are fulfilling their competitiveness objective to make good on their growth mandates, a trade body for the insurance sector said.

  • October 15, 2025

    FSCS To Protect 16,000 Policyholders After Insurer Fails

    The Financial Services Compensation Scheme said it will step in to protect 16,000 U.K. policyholders and small business owners, after Gibraltar-based Premier Insurance Company Ltd. collapsed.

  • October 15, 2025

    Insurance Broker Specialist Risk Adds Rival's Wholesale Team

    Specialist Risk Group has boosted its operations in London by acquiring a wholesale team from rival Lockton as the insurance intermediary seeks to strengthen relationships with retail brokers and expand its services.

  • October 15, 2025

    Capita Fined £14M For Cyber-Failures In Pensions Breach

    The data watchdog said on Wednesday that it has fined outsourcing company Capita £14 million ($18.7 million) for failures in holding personal data security during a cyberattack in 2023 in which the information of 6.6 million people was stolen.

  • October 14, 2025

    FCA Sets Out Digitalization Plans For Asset Managers

    The Financial Conduct Authority proposed new rules on Tuesday to help asset managers trade funds as digital assets, with the aim of increasing innovation and global competitiveness.

  • October 14, 2025

    UK Eyes Widening Access To Local Gov't Pension

    Policymakers have proposed widening access to the Local Government Pension Scheme for councilors and mayors in England in a move that would align the country with others in Britain.

  • October 14, 2025

    Most DB Pension Funds To Shun UK Growth Assets This Year

    Pension bosses in the £1.4 trillion ($1.8 trillion) defined benefit pension sector are unlikely to put money into U.K. growth assets over the next year, a survey found Tuesday, despite government efforts to galvanize parts of the industry into domestic investment.

  • October 14, 2025

    Insurers Likely To Face Up To $600M Bill From First Brands

    Trade credit insurers are likely to have to see claims capped at $600 million for the collapse of U.S. auto parts supplier First Brands, a ratings agency said.

Expert Analysis

  • Rebuttal

    AI Can't Accurately Predict Case Length And Cost — Yet

    Author Photo

    A recent Law360 guest article argued that artificial intelligence can precisely estimate the length and cost of a new case, but several limitations will likely delay truly accurate predictions for years to come, says Andrew Russell at Shaw Keller.

  • What To Expect During The Brexit Transition Period

    Author Photo

    While all formal ratification procedures for the U.K.'s departure from the European Union have been completed, the transitional period will bring an enormous range of trade, customs and regulatory issues, say attorneys at Mayer Brown.

  • Opinion

    Legal Prediction Is Demanding But Not Impossible

    Author Photo

    The New Jersey Supreme Court’s recent decision in Balducci v. Cige incorrectly concluded that predicting the length and cost of a case is nearly impossible, and overlooked artificial intelligence's ability to do so, says Joseph Avery with Claudius Legal Intelligence.

  • Surefire Marketing Methods To Build Your Legal Practice

    Author Photo

    Attorneys who take the time and the risk to showcase their talents through speaking, writing and teaching will find that opportunities will begin building upon themselves, says Daniel Karon of Karon LLC.

  • Mandatory Mediation May Lie Ahead For England And Wales

    Author Photo

    The U.K. Court of Appeals' decision in Lomax v. Lomax, among other recent developments, show significant judicial support for compulsory mediation of appropriate civil and commercial cases in England and Wales, say Margarita Michael and Grace Spurgeon of O'Melveny.

  • Key Risks And Developments For UK Law Firm Culture In 2020

    Author Photo

    In 2020, law firms throughout the U.K. will be increasingly reshaped by rapid changes in societal expectations and advances in technology, say Helen Rowlands and Niya Phiri of Clyde & Co.

  • Cos. Can Start Preparing Now For Immigration Beyond Brexit

    Author Photo

    Ahead of the U.K.'s likely departure from the European Union on Jan. 31, 2020, companies should use the one-year transition period to help workers understand any new registration requirements, evaluate budgetary concerns and expedite any employee relocations, say Julia Onslow-Cole and Charlotte Wills at Fragomen.

  • #MeToo Pressure On UK Businesses Is Set To Rise

    Author Photo

    Recent declarations by the Financial Conduct Authority and Prudential Regulation Authority indicate that sexual harassment in the U.K.'s financial services industry may lead to consequences under the newly expanded Senior Managers and Certification Regime, and other sectors are facing growing scrutiny as well, say attorneys at Covington.

  • Opinion

    UK's Insurer Investigations May Not Help Policyholders

    Author Photo

    The U.K. Ministry of Justice's recent investigations into insurers suspected of not passing on savings to consumers suggests insurers may see consequences for their hollow promises, but only if the government follows through to hold insurers accountable, says Tom Jones of Thompsons Solicitors.

  • The Outlook For Autonomous Vehicles In The UK And US

    Author Photo

    As both the U.K. and U.S. governments continue to develop regulatory frameworks for autonomous vehicles, manufacturers can take certain steps to avoid litigation and manage risk, say attorneys at FaegreBD.

  • Brexit's Impact On London As A Top Int'l Arbitration Seat

    Author Photo

    Despite concerns that London may be considered a less attractive place to do business post-Brexit, there are many reasons to believe that the city will retain its position as a globally favored arbitral seat, say Adrian Jones and James Wagner at FaegreBD.

  • Post-Brexit UK Likely To Conform With EU On Human Rights

    Author Photo

    In a recent speech, U.K. Foreign Secretary Dominic Raab stated his intent to expand sanctions for human rights violations by extending the so-called Magnitsky amendment, strongly indicating that Britain's exit from the EU would be unlikely to disrupt coordinated efforts to address international transgressions against human rights, says Stephen Baker at Baker & Partners.

  • The Evolution Of GDPR Enforcement Across The EU

    Author Photo

    With the last few months bringing significant fines to major businesses that have breached the European Union's General Data Protection Regulation, it is clear that regulators are moving away from the light-touch approach they employed during the transition to the new rules, says James Simpson of Blaser Mills.

  • Series

    Why I Became A Lawyer: Being There For Families In Trouble

    Author Photo

    My parents' contentious, drawn-out divorce was one of the worst experiences of my life. But it taught me how to be resilient — and ultimately led me to leave corporate litigation for a career in family law, helping other families during their own difficult times, says Sheryl Seiden of Seiden Family Law.

  • 3 Ways To Leverage Vulnerability For Lawyer Well-Being

    Author Photo

    Admitting to imperfection is an elusive construct in the legal industry, but addressing this roadblock by capitalizing on vulnerabilities can increase personal and professional power, says life coach and attorney Julie Krolczyk.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Insurance UK archive.